Is North Lindenhurst, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Lindenhurst is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, North Lindenhurst was a Seller's Market.

Key Takeaway

North Lindenhurst is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in North Lindenhurst, NY

How much do homes in North Lindenhurst, NY cost?

Median Sold Price

$560,000

$358/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$17,000(+3.1%)

Key Takeaway

Homes in North Lindenhurst have sold for 3.1% more than they did a year ago.

Summary: The median home sold price in North Lindenhurst was $560,000 in April 2024, up 3.1% from last year, and the median price per square foot was $358.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $390K-
N/A
2 $438K$452.5K
+3.3%
3 $517K$540K
+4.4%
4 $565.5K$575K
+1.7%
5+ $625.5K$644K
+3.0%

Summary: North Lindenhurst housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 3%.

Median Sold Price Compared To Nearby Neighborhoods

West Babylon
+8.5%
Town of Babylon
+6.6%
East Farmingdale
+3.3%
North Lindenhurst
+3.1%

Housing Supply in North Lindenhurst, NY

How many homes are available in North Lindenhurst, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2627+3.8%

Summary: The North Lindenhurst real estate market had 27 homes for sale in April 2024, a 3.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 128
-33.3%
4 812
+50.0%
5+ 56
+20.0%

Summary: The North Lindenhurst housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
73-57.1%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Lindenhurst, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in North Lindenhurst in April 2024, down by 57.1% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for North Lindenhurst, NY

How long does it take to sell a home in North Lindenhurst, NY?

Average Sale Time

Apr 2023Apr 2024CHANGE
72 Days44 Days-38.9%

Summary: Homes in North Lindenhurst had an average of 44 days on market in Apr 2024, down by 38.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in North Lindenhurst are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 3 homes were sold in North Lindenhurst; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 12 Days Ago

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